29, THE SPINNAKER, SOUTH WOODHAM FERRERS, CHELMSFORD, CM3 5GL - £540,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 THE SPINNAKER is a midsized extended detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £605,463. It was last sold for £540,000 in July 2019, which was around 9% below the average July 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

29 THE SPINNAKER Sold Prices

Land registry data shows four sales for 29 THE SPINNAKER since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. two of the four 29 THE SPINNAKER sales were for below the average price, and four were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 24 JUL	£540,000	£593,547	9% below HPI
2004 16 APR	£340,000	£313,817	8% above HPI
2002 15 NOV	£249,995	£275,286	9% below HPI
2000 3 MAR	£187,000	£175,228	7% above HPI

29 THE SPINNAKER Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 29 THE SPINNAKER sales between March 2000 and July 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 29 THE SPINNAKER be worth now?

29 THE SPINNAKER might now be worth an estimated £605,463.

This is based on house price inflation of 12.1%, between July 2019 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 29 THE SPINNAKER of £540,000 on 24th July 2019. For the value to have increased from £540,000 to £605,463 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 29 THE SPINNAKER has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2019 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 29 THE SPINNAKER has not materially changed since July 2019.

How Large is 29 THE SPINNAKER?

29 THE SPINNAKER is 114m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses houses in South Woodham Ferrers, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Woodham Ferrers, and where 29 THE SPINNAKER lies on this distribution: 55% of detached houses houses are smaller than 29 THE SPINNAKER, and 44% of houses are larger. Note that EPC data is not available for all properties in South Woodham Ferrers.

29 THE SPINNAKER: Plot and Title Map

29 THE SPINNAKER sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 29 THE SPINNAKER, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 29 THE SPINNAKER). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 29 THE SPINNAKER?

29 THE SPINNAKER is located in SOUTH WOODHAM FERRERS, in the CM3 postcode district. The below map shows the position of No. 29 on THE SPINNAKER.